Why It’s Still a Sellers’ Market
The Gentry Team August 4, 2022
The Gentry Team August 4, 2022
A buyers’ market is when there are more homes for sale than buyers looking to buy. When that happens, buyers have the negotiation power because sellers are more willing to compromise so they can sell their house.
In a sellers’ market, it’s just the opposite. There are too few homes available for the number of buyers in the market and that gives the seller all the leverage. In that situation, buyers will do what they can to compete for the limited number of homes for sale.
A neutral market is when supply is balanced and there are enough homes to meet buyer demand at the current sales pace.
Stay up to date on the latest real estate trends.
Here are what experts are saying about both prices and rates.
If you’re ready to sell now, beat the competition before it comes onto the market.
You’re not just meeting your own needs, you’re also making a positive impact on the community.
You may have seen talk online that new home inventory is at its highest level since the crash.
Every slowdown in the past has eventually given way to more activity, and this one will too.
If concerns about bidding wars have been holding you back, it may be time to take another look.
If you tried to buy a home a few years ago, you probably still remember the frenzy.
For first-time buyers, they can be a smart way to get into homeownership without stretching your budget.
When you sell a house, the last thing you want is for the deal to fall apart right before closing.
If working with a team that truly gives back to the community matters to you, we would make a great match. Reach out today to get started on buying or selling your home with a team that knows Moore County inside and out. With decades in the industry and an exceptional team of sales specialists, The Gentry Team has sold more homes than any other real estate firm in Moore County—and more than the total volume of most real estate companies in the region. This level of experience is unmatched, allowing us to help you sell your home for top value while anticipating and handling every detail along the way. We work collaboratively, combining our collective expertise to achieve the very best results for our clients. It is an approach built on trust, teamwork, and proven success. When you work with real locals, you get real results.